Shares of NRG Energy, Inc. (NRG) are moving down about 8 percent on Tuesday morning trading following the announcement of pricing of its upsized secondary offering of 14.3 million shares held by certain affiliates of LS Power at $164 per share.
The company's shares are currently trading at $160.56 on the New York Stock Exchange, down 8.54 percent. The stock opened at $162.85 and has dropped as low as $159.04 so far in today's session. Over the past year, it has traded in a range of $79.57 to $189.96.
The shares were part of the consideration the selling stockholders received from NRG in connection with the recently closed acquisition of the LS Power portfolio entities on January 30, 2026. The secondary offering is expected to close on March 4, 2026.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.